ASML Holding N.V. $ASML Shares Acquired by Busey Bank

Busey Bank boosted its stake in ASML Holding N.V. (NASDAQ:ASML) by 1,361.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,544 shares of the semiconductor company’s stock after buying an additional 4,233 shares during the period. Busey Bank’s holdings in ASML were worth $4,399,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of ASML. BSW Wealth Partners increased its holdings in shares of ASML by 3.8% in the 3rd quarter. BSW Wealth Partners now owns 1,046 shares of the semiconductor company’s stock worth $1,013,000 after acquiring an additional 38 shares during the period. JGP Wealth Management LLC grew its position in ASML by 4.3% in the 3rd quarter. JGP Wealth Management LLC now owns 636 shares of the semiconductor company’s stock worth $655,000 after purchasing an additional 26 shares during the last quarter. Milestone Asset Management LLC acquired a new stake in shares of ASML in the third quarter valued at approximately $214,000. Founders Financial Securities LLC raised its holdings in shares of ASML by 4.6% during the third quarter. Founders Financial Securities LLC now owns 1,614 shares of the semiconductor company’s stock valued at $1,562,000 after buying an additional 71 shares during the last quarter. Finally, Vontobel Holding Ltd. raised its holdings in shares of ASML by 17.9% during the third quarter. Vontobel Holding Ltd. now owns 53,432 shares of the semiconductor company’s stock valued at $51,727,000 after buying an additional 8,118 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research report on Wednesday, December 10th. Evercore ISI reissued an “outperform” rating on shares of ASML in a report on Thursday, October 16th. Citigroup reaffirmed a “buy” rating on shares of ASML in a report on Wednesday, December 10th. Bank Degroof lowered shares of ASML to a “hold” rating in a research report on Friday, October 10th. Finally, Rothschild & Co Redburn upgraded shares of ASML from a “neutral” rating to a “buy” rating in a research report on Friday, November 7th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,171.83.

ASML Trading Up 0.2%

Shares of ASML stock opened at $1,064.39 on Friday. The stock has a 50-day simple moving average of $1,051.36 and a 200 day simple moving average of $895.35. The stock has a market capitalization of $418.60 billion, a P/E ratio of 43.32, a P/E/G ratio of 1.65 and a beta of 1.87. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $1,141.72. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Wednesday, October 15th. The semiconductor company reported $6.41 earnings per share for the quarter, beating analysts’ consensus estimates of $6.27 by $0.14. ASML had a net margin of 27.08% and a return on equity of 47.74%. The company had revenue of $8.80 billion during the quarter, compared to the consensus estimate of $8.99 billion. During the same period in the prior year, the company earned $5.28 EPS. ASML’s revenue was up .7% on a year-over-year basis. On average, sell-side analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current fiscal year.

ASML Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Wednesday, October 29th were issued a dividend of $1.857 per share. The ex-dividend date was Wednesday, October 29th. This is a positive change from ASML’s previous quarterly dividend of $1.86. This represents a $7.43 dividend on an annualized basis and a yield of 0.7%. ASML’s payout ratio is 25.80%.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.